PARAGON SHIPPING INC CL A NEW (MHL)
PRGN
PRGN was delisted on the 3rd of June, 2016.
16 hedge funds and large institutions have $63K invested in PARAGON SHIPPING INC CL A NEW (MHL) in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 2 reducing their positions, and 7 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 2
24% less funds holding
Funds holding: 21 → 16 (-5)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
83% less capital invested
Capital invested by funds: $368K → $63K (-$305K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$105K |
| 2 |
Renaissance Technologies
New York
|
+$52.7K |
| 3 |
Citigroup
New York
|
+$15.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$6.09K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$49 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PIA
Phoenix Investment Adviser
New York
|
-$32K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$23K |
| 3 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
-$19K |
| 4 |
California Public Employees Retirement System
Sacramento,
California
|
-$9K |
| 5 |
WS
Wedbush Securities
Los Angeles,
California
|
-$2K |
PRGN Hedge Fund Activity: Q1 2016 in Review
16 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in PARAGON SHIPPING INC CL A NEW (MHL) (PRGN) for Q1 2016, worth a combined $63K — down 83% from $368K a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of PRGN and 2 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 10 added.
The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $105K. The largest seller was Phoenix Investment Adviser, exiting entirely with an estimated $32K sold.
- 16 institutional investors held PARAGON SHIPPING INC CL A NEW (MHL) (PRGN) as of Q1 2016, down from 21 in Q4 2015.
- Funds reported $63K of PARAGON SHIPPING INC CL A NEW (MHL) stock for Q1 2016, down 83% quarter-over-quarter.
- 2 funds opened new PARAGON SHIPPING INC CL A NEW (MHL) positions in Q1 2016 and 7 closed out, a net change of -5 holders.
- The largest PARAGON SHIPPING INC CL A NEW (MHL) buyer in Q1 2016 was Virtu KCG Holdings, an estimated $105K added.
- The largest PARAGON SHIPPING INC CL A NEW (MHL) seller in Q1 2016 was Phoenix Investment Adviser, an estimated $32K sold.
Based on aggregated 13F filings for Q1 2016.